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AMD Shares Drop After CEO Guides Q1 Data Center Revenue Down 7%
Wednesday, February 5, 2025 - 1:14pm | 479Advanced Micro Devices, Inc. (NASDAQ:AMD) shares are diving Wednesday following its fourth-quarter earnings release on Tuesday. Data center segment revenues and guidance given on the company's conference call are weighing on investors. What To Know: AMD's Datacenter fourth-quarter revenue came in...
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AMD Merges Client, Gaming Segments After 59% Drop In Gaming Revenue, Aims To Align Reporting With Business Focus
Wednesday, February 5, 2025 - 5:36am | 498Advanced Micro Devices Inc. (NASDAQ:AMD) announced plans to combine its client and gaming segments into a single reportable segment, following a steep 59% year-over-year decline in gaming revenue to $563 million in the fourth quarter of 2024. What Happened: The semiconductor giant will implement...
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While Tesla Slashes Jobs, Apple, Alphabet Raises Executive Salaries By Millions
Monday, June 24, 2024 - 3:05pm | 830The year 2024 has seen some eye-popping contrasts in the tech industry. While Tesla Inc (NASDAQ:TSLA) is leading massive layoffs, cutting 14% of its workforce, other tech giants such as Apple Inc (NASDAQ:AAPL) and Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) are busy bumping up executive salaries by...
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Cathie Wood's Ark Invest Scoops Up Shares Of AMD And Palantir — Dumps Moderna Stock Worth $4.4M
Tuesday, May 28, 2024 - 11:26pm | 666On Tuesday, Cathie Wood-led Ark Invest made significant trades involving Advanced Micro Devices Inc (NASDAQ:AMD), Palantir Technologies Inc (NYSE:PLTR) and Moderna Inc (NASDAQ:MRNA). These trades reflect Ark’s strategic adjustments amidst market movements. The AMD Trade Ark bought 7,861...
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AMD Stock Slips As Investors Shrug Off Q3 Beat And Fret Over Lukewarm Guidance; CEO Lisa Su Talks Up AI Chip Ramp-up
Tuesday, October 31, 2023 - 4:34pm | 1048Chipmaker Advanced Micro Devices, Inc. (NASDAQ:AMD) reported Tuesday after the market close third-quarter earnings and revenue that came in ahead of expectations. Strong PC and server processor sales led to the outperformance. AMD CEO hinted at a strong ramp of Instinct MI300 accelerator shipments...
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What's Going On With Nvidia, AMD Shares Today?
Thursday, January 12, 2023 - 9:33am | 374NVIDIA Corp (NASDAQ: NVDA) and Advanced Micro Devices Inc (NASDAQ: AMD) shares are trading lower Thursday in the wake of Taiwan Semiconductor Manufacturing Co's (NYSE: TSM) better-than-expected earnings results. TSM Q4 Revenue: $19.93 billion missed estimate of $20.56...